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Posts by "carlco"

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193 Posts Total by "carlco":
150 Posts by member
Carlco
(bristol, United Kingdom)
43 Posts by Anonymous "carlco":
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Carlco
bristol, UK
Posts: 151
15 years ago
Jun 20, 2009 17:01
In Thread: How low will GBPUSD go in May?
1998 Ashraf, BoJ was defending the yen against speculators attack on its currency, i'd just started trading options earlier that month ! it was a baptism of fire for me and left me mentally scarred for life;)
Carlco
bristol, UK
Posts: 151
15 years ago
Jun 19, 2009 22:12
In Thread: How low will GBPUSD go in May?
ashraf, ive been thinking about what you said about focusing on GBP problems rather than USD problems, it struck me that unlike the Japan crisis, we have nearly ALL economies pressing every economic button to avert a depression, it now seems obvious why some of the correlations are breaking down, they are being artificially manipulated for the purpose of stimulating growth. Australia is the only economy that has escaped relatively unscathed. I read that theres a lot of options being traded on the AUG VIX 50 are we about to see a replay of the Japan summer crisis ?
Carlco
bristol, UK
Posts: 151
15 years ago
Jun 16, 2009 7:32
In Thread: How low will GBPUSD go in May?
ahhhhhhhhh into price of the POUND
you need an edit post button ashraf!
Carlco
bristol, UK
Posts: 151
15 years ago
Jun 16, 2009 7:31
In Thread: How low will GBPUSD go in May?
**in too price of ''
Carlco
bristol, UK
Posts: 151
15 years ago
Jun 16, 2009 7:30
In Thread: How low will GBPUSD go in May?
Ashraf my argument HAS been all bad news intoo price of and more bad news in form of QEzing for US, im reversing my thoughts now saying that US isn't as bad as the media and 'expert' economists have led us to believe
Carlco
UK
Posted Anonymously
15 years ago
Jun 15, 2009 21:57
In Thread: How low will GBPUSD go in May?
ashraf, it's a beautiful double top 3.6.09 and then 11.6.09, 16650 & 16605 respectively , this was last tested way back on 30.10.08 where on a heavy downtrend a rally tested 16670 on its way down to the march lows.
The 38.2% fibonacci i find this amazing how these key resistance/support levels are being bounced off, it's text book stuff. I am going to be bold and say that 15470 is looking, to me atleast. as very very plausible. what do you think ashraf ? 15470 is where im putting 61.8%. after the news today, i get the feeling that maybe the dollar isn't as in bad a shape and maybe the fed won't be raising quite as much QEz'ing as first thought. Low interest rates, banks paying back tarps, GM & Chrysler all done and dusted (almost) commodities looking overdone... i sense its a profit taking pause for breath before a push on equities. Im just rambling, my own thoughts on reasons WHY the chart is double topped and pointing back firmly to the 15470 area.
Carlco
bristol, UK
Posts: 151
15 years ago
Jun 11, 2009 11:28
In Thread: Falling Equities Still Key for Dollar
look at the number of doji's the S&P has had this last week or so, its like 5 points trading range per day. Does this mean BIG falls ahead? from 2007 high's to march 09 lows we have a fibonacci range of about 880-1010 (23.6 & 38.2) hey we are at 943 today which is half way between the two! someone make their minds up out there, the suspense is killing me, Ashraf has there ever been such a scenario ie dot com bubble moment like this? and if so what happened to the $. Falling equities has to yet again reinforce your audusd pair amazing!
Carlco
bristol, UK
Posts: 151
15 years ago
Jun 11, 2009 8:24
In Thread: Falling Equities Still Key for Dollar
i like the sneaky way russia started pulling some of its US bonds, watch out for more sneaky signs, i just don't think any more good news is left to come, surely its time for a retest of indexes support levels?? whose going to blink first though :)
Carlco
bristol, UK
Posts: 151
15 years ago
May 27, 2009 9:40
In Thread: Speculators' Futures FX Positions
ashraf thanks for the green light, but i do beilieve we need a better editing forum facility, you might need to police arguments, which might take up even MORE time!
i don't like EURUSD shorting, not quite yet, best to follow the trend up we have a huge US auction these next few days, looks like equity markets are holding and the MOMENTUM is OUT of dollar, Euro is for next week i think, bad news is coming out of europe though, but i would'nt want to pull the trigger on the EURUSD just yet.
Carlco
bristol, UK
Posts: 151
15 years ago
May 26, 2009 22:54
In Thread: How low will GBPUSD go in May?
apologies for previous post it's a 4% Treasury Gilt 2049 auction- 2nd June 2,000 million. good luck to those bidders ;)
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